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Fibonacci Bollinger Bands MT4

MT5 Version

Fibonacci Bollinger Bands MT4

Fibonacci Bollinger Bands is a highly customizable indicator that shows areas of support and resistance. This indicator combines the logic for the Bollinger Bands with the Fibonacci level. Fibonacci Bollinger Bands is the  first indicator in the market that allows the user to 100% customize up to 12 Fibonacci levels, the Moving Average type and the price data source to use for the calculations. This flexibility makes the Fibonacci Bollinger Bands easily adaptable for any Asset and Timeframe! The Fibonacci levels can be modified or deactivated if desired setting its value to 0.

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The levels highlighted by the indicator show areas of support and resistance where a price reaction can be expected. It is also common to see the price coming back to retest these Fibonacci levels offering good potential entry points.

Ideal for HOLD , SCALPING and SWING strategies

At the same time, Fibonacci Bollinger Bands MT4 provides a system of alerts and notifications on the mobile phone and on the MT4 Terminal when the prices touches any of its levels.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Ease of decision-making for entries and taking full or partial benefits
  • Highly customizable
  • Functional in all pairs (Crypto, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping or Swing trading
  • Alerts and notifications on the MT4 terminal and on the mobile phone

Input parameters

Settings:

  • Price Source: Price source for the MAs
  • MA type: Moving average type (SMA, EMA, Linear Weighted MA, Smoothed MA)
  • Lenght [>1]: MA Period for the Middle Line
  • Multiplier [>0]:  Bollinger Bands' multiplier [>0]
  • Level 1 [>0]: Fibonacci Level 1 for Upper and Lower Band
  • Level 2 [>0]: Fibonacci Level 2 for Upper and Lower Band
  • Level 3 [>0]: Fibonacci Level 3 for Upper and Lower Band
  • Level 4 [>0]: Fibonacci Level 4 for Upper and Lower Band
  • Level 5 [>0]: Fibonacci Level 5 for Upper and Lower Band
  • Level 6 [>0]: Fibonacci Level 6 for Upper and Lower Band
    Visualization:

    • Color range (0=Grey,1=Blue,2=Green,3=Red): 4 Default color ranges
    • Default width: Default width for all Levels

    Notifications:

    • Candles to wait for alert reset: Number of candles to reset the Alerts at each level
    • Alerts middle line:  Enables alerts on the MT4 Terminal if price touches the Middle Line
    • Alerts Level 1 (Only if Level activated): Enables alerts on the MT4 Terminal if price touches Level 1
    • Alerts Level 2 (Only if Level activated): Enables alerts on the MT4 Terminal if price touches Level 2
    • Alerts Level 3 (Only if Level activated): Enables alerts on the MT4 Terminal if price touches Level 3
    • Alerts Level 4 (Only if Level activated): Enables alerts on the MT4 Terminal if price touches Level 4
    • Alerts Level 5 (Only if Level activated): Enables alerts on the MT4 Terminal if price touches Level 5
    • Alerts Level 6 (Only if Level activated): Enables alerts on the MT4 Terminal if price touches Level 6
    • Activate Notifications: Enables phone Notifications

    Support and questions

    Do not hesitate to contact me for any questions and support

    Author

    Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

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    Mohamed Hassan
    5 (14)
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    ROBERT URBANSKI
    5 (6)
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    Eric John Pajarillaga Aldana
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    4.67 (9)
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    Alexey Minkov
    4.75 (55)
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    Guner Koca
    Göstergeler
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    Daniel Stein
    4.6 (35)
    Göstergeler
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    Uzman Danışmanlar
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    Diego Arribas Lopez
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    Diego Arribas Lopez
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    Diego Arribas Lopez
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    Diego Arribas Lopez
    Göstergeler
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    FREE
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    Diego Arribas Lopez
    5 (2)
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    Diego Arribas Lopez
    5 (1)
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    5 (1)
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    5 (3)
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    5 (1)
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    5 (1)
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Yardımcı programlar
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    FREE
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Uzman Danışmanlar
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    Diego Arribas Lopez
    Uzman Danışmanlar
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
    [ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visib
    Bulls and Bears Power MT4
    Diego Arribas Lopez
    Göstergeler
    [ MT5 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
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